IFSC Code of Icici Bank Limited, Mohali Phase, Bakarpur, Punjab — ICIC0003407

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Icici Bank Limited for its Mohali Phase branch in Sahibzada Ajit Singh Nagar, Bakarpur, Punjab, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Icici Bank Limited situated in Sahibzada Ajit Singh Nagar or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code ICIC0003407. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Mohali Phase, Sahibzada Ajit Singh Nagar

The table below shows the main details of the IFSC Code ICIC0003407 for the Icici Bank Limited branch in Sahibzada Ajit Singh Nagar, which falls under the Bakarpur district in Punjab.

These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Sahibzada Ajit Singh Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0003407 for the Mohali Phase branch of Icici Bank Limited has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Mohali Phase, Sahibzada Ajit Singh Nagar, Punjab, is provided with a unique IFSC like ICIC0003407 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Icici Bank Limited branch in Sahibzada Ajit Singh Nagar.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Sahibzada Ajit Singh Nagar and Bakarpur.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Punjab and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Mohali Phase do not get mixed with another location.

Format of the IFSC Code ICIC0003407

This is the format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Mohali Phase in Sahibzada Ajit Singh Nagar.

For example, the IFSC Code ICIC0003407 of Icici Bank Limited for the Mohali Phase branch includes these elements, identifying the bank and the branch location in Sahibzada Ajit Singh Nagar and Punjab accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0003407 of Icici Bank Limited for its Mohali Phase branch located in Sahibzada Ajit Singh Nagar, the following methods can help:

Cheque Book

The cheque books that are issued by Icici Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Icici Bank Limited branches in Sahibzada Ajit Singh Nagar and Bakarpur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Icici Bank Limited and find the branch locator section. Search for Mohali Phase or Sahibzada Ajit Singh Nagar to get the exact IFSC Code ICIC0003407.

Mobile Banking App

If you use Icici Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Icici Bank Limited and Sahibzada Ajit Singh Nagar that will provide accurate information.

How to Use IFSC Code ICIC0003407 for Online Transfers?

Once you have the IFSC Code ICIC0003407 for the Mohali Phase branch of Icici Bank Limited in Sahibzada Ajit Singh Nagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0003407. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Icici Bank Limited IFSC Code ICIC0003407.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Icici Bank Limited Mohali Phase in Sahibzada Ajit Singh Nagar, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Mohali Phase, here are some ways that you can get it:

• Check the bottom of your cheque leaf.
• Refer to the first page of your passbook.
• Visit the official Icici Bank Limited website.
• Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Sahibzada Ajit Singh Nagar manage online transfers as well as cheque clearances with ease.